CITIC SEC's Research Reports indicate that economic data leading into the New Year is expected to remain stable and improve, combined with the anticipation that next year's debt policy may be advanced, real estate sales are also expected to welcome a "small spring," while domestic MMF policy will continue to adhere to a goal-oriented direction. There remains considerable room for future easing, with the active market funds and Institutions yet to reach a consensus, continuing the characteristic of "separated pricing." It is anticipated that the theme rotation led by active funds and the willingness of Institutions to increase their dividend allocation will drive the New Year market.